Six plastic parks proposed to come up during 12th Plan period

26-Jun-13

To give an impetus to the plastic sector, the Centre will set up six ‘plastic parks’ during the 12th Plan period. “In 12th Five-Year Plan, plastic parks will come up in Punjab, Haryana, Rajasthan, UP, Odisha and Andhra Pradesh,” Joint Secretary (Petrochemicals), Neelkamal Darbari said, as per The Hindu Business Line. The plastic park scheme envisages the cluster of plastic industry where a plastic reprocessing and recycling plant and waste management system is set up in PPP mode. The Centre also provides subsidy with a maximum cap of Rs 40 crore per project on setting up a plastic park.